Launching in 2019, PencilPay is a B2B SaaS platform changing the way that suppliers manage their customers who buy "on-account" via trade credit. Traditional credit providers identify and verify the borrower, get a signed credit agreement, perform a risk assessment, capture security and store a repayment method, each of which happen at the point of origination. Unfortunately small and medium B2B suppliers don't take the same care when dishing out goods on credit. PencilPay is B2B origination and payment software that helps small and medium suppliers act like credit providers. We are proud to have signed up over 2000 Australian SME's who pay and get paid on-time through Pencil.